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and speaking of money whistleblowers on wall street are throwing their support behind president obama for the two thousand and twelve election this is quite the president relentless pursuit of so-called truth seeker's so why are some whistleblowers rewarded while others are punished some answers ahead. and tuesday october second four pm here in washington d.c. i'm liz wahl and you're watching our t.v. a looming budget cuts are expected to be a big talking point on the campaign trail right now and that is because of congress can't compromise on how to resolve the nation's debt problem the result would be a seaquest ration or about half a trillion dollars in mandatory cuts to the defense budget over the coming decade to break it all down for you the defense budget would be cut an additional fifty five billion dollars per year that's over four hundred ninety two billion that. from milicz from the military over the next ten years we're looking at a twenty percent reduction in defense spending a hundred thousand soldiers sailors marines and airmen would be separated from service and cuts i
and speaking of money whistleblowers on wall street are throwing their support behind president obama for the two thousand and twelve election this is quite the president relentless pursuit of so-called truth seeker's so why are some whistleblowers rewarded while others are punished some answers ahead. and tuesday october second four pm here in washington d.c. i'm liz wahl and you're watching our t.v. a looming budget cuts are expected to be a big talking point on the campaign trail right now...
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president obama speaks about the freedom of speech at the u.n. general assembly but considering the past year in particular the case against p.f.c. bradley manning and wiki leaks founder julian assange is this a case of do as i say not as i do i get the feeling take a look at this that mitt romney has not been in too many too many while was all from the roadside in terms of when you. don't believe everything you see on t.v. it turns out sixty percent of americans don't put much stock in the mainstream media coming up will ask why viewer confidence has fallen and where americans are turning. plus a group of journalists are going to head to head with the u.s. government and they're taking the battle all the way to the supreme court and we'll ask the group's legal defense why the foreign intelligence surveillance act disrupts freedom of the press. it's tuesday september twenty fifth eight pm here in washington d.c. i'm liz wahl and you're watching our t.v. we begin today with the united nations general assembly that kicked off today in new york city
president obama speaks about the freedom of speech at the u.n. general assembly but considering the past year in particular the case against p.f.c. bradley manning and wiki leaks founder julian assange is this a case of do as i say not as i do i get the feeling take a look at this that mitt romney has not been in too many too many while was all from the roadside in terms of when you. don't believe everything you see on t.v. it turns out sixty percent of americans don't put much stock in the...
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for a while and are potentially worried about the tax consequences of holding it through next year if obama wins there is real concern on the fifteen percent capital gains gets taken away so i think that creates a selling pressure in that sort of name and then hedge funds who've been underperforming you know if they start seeing. this one of the big winners lose i think they get out and hedge funds more than anyone are very involved in apple and more than anyone have stop loss trading mentality so i think that's another potential trigger and because we have to excuse me so much of the s. and p. and of the nasdaq indices and the under-performance and it immediately shows up in the big indices wow so it's crazy that the two things that you're looking at that could be the trigger are an entire continent or currency zone and apple begs the question of apple's too big to fail in the market one funny thing i do want to point out before we go on your no you said you know nobody's going to buy those apple i phone who is what suckers are going to buy that without having the upgrade in their contract
for a while and are potentially worried about the tax consequences of holding it through next year if obama wins there is real concern on the fifteen percent capital gains gets taken away so i think that creates a selling pressure in that sort of name and then hedge funds who've been underperforming you know if they start seeing. this one of the big winners lose i think they get out and hedge funds more than anyone are very involved in apple and more than anyone have stop loss trading mentality...
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president obama speaks about the freedom of speech at the u.n. general assembly but considering the past year and in particular the case against p.f.c. bradley manning and wiki leaks founder julian assange on just this a case of do as i say not as i do. meet and greet and come to new york and shop and then they go home you know at tremendous cost to their old taxpayers without very much done and we know the annual assembly is supposed to harness international cooperation but some argue that this meeting is a waste of time and money i had little find out what if anything can get accomplished here. i get the feeling take a look at this that mitt romney has not been in too many too many while was also on the road side in the survey and you. don't believe everything you see on t.v. it turns out sixty percent of americans don't put much stock in the mainstream media coming up we'll ask why your confidence has fallen and where americans are turning. it's tuesday september twenty fifth four pm here in washington d.c. i'm liz wahl and you're watching our
president obama speaks about the freedom of speech at the u.n. general assembly but considering the past year and in particular the case against p.f.c. bradley manning and wiki leaks founder julian assange on just this a case of do as i say not as i do. meet and greet and come to new york and shop and then they go home you know at tremendous cost to their old taxpayers without very much done and we know the annual assembly is supposed to harness international cooperation but some argue that...
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president obama makes another attempt to distance the u.s. from the controversial video which outraged the muslim world as he takes center stage at the u.n. general assembly. a series of blasts of military academy in the syrian capital damascus with rebels claiming responsibility for the bomb and. mortar gun games for adults japan plays battleship for real repelling taiwanese vessels from disputed islands with water cannons. and police barricade the spanish parliament thousands of indignance take the capital streets promising to unseat an unpopular governor. it is a pleasure to have you with us here on arts he today. i live in moscow under president obama is on the defensive over the anti american movement sparked by a us made film mocking the prophet mohammad and the un general assembly he said hate speech should not be used as an excuse to commit violence will. following events for us in new york joins us live good to see you so what else did the american president have to say. u.s. president barack obama addressed the general assembly firs
president obama makes another attempt to distance the u.s. from the controversial video which outraged the muslim world as he takes center stage at the u.n. general assembly. a series of blasts of military academy in the syrian capital damascus with rebels claiming responsibility for the bomb and. mortar gun games for adults japan plays battleship for real repelling taiwanese vessels from disputed islands with water cannons. and police barricade the spanish parliament thousands of indignance...
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president barack obama will bring the anti-american demonstrations that are policing across parts of the world that were prompted was prompted by actually you tube video that was uploaded and of course these attacks began and demonstrations began on september eleventh and are continuing president barack obama will be addressing the general assembly also discussing not just these and an american demonstrations but also discussing iran he will be saying that there's time and space still left where the will miss him but the u.s. will do what it must to prevent iran from obtaining nuclear weapons so that will be a part of his speech as well and that speech will be coming up in the next half hour or so briefly of the first day of the u.n. general assembly in the big apple has already been marred by controversy can you tell us a bit more about what happened. that's right well the iran's president mahmoud ahmadinejad already addressed the general assembly on a separate meeting on a separate topic. and during his speech the israeli delegation walked out when. he said that israel is sacred th
president barack obama will bring the anti-american demonstrations that are policing across parts of the world that were prompted was prompted by actually you tube video that was uploaded and of course these attacks began and demonstrations began on september eleventh and are continuing president barack obama will be addressing the general assembly also discussing not just these and an american demonstrations but also discussing iran he will be saying that there's time and space still left...
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let me let me die more into this because if our audience is ever mayor with the news that came out so obama set up this mortgage task force a while back and we had. really heard much but this is the first that we've heard so it's headed up by new york's attorney general and he just filed suit today against j.p. morgan and he's alleging fraud surrounding the bear stearns unit around the financial crisis and leading up to it so j.p. morgan of course acquired bear stearns so this is having to do with mortgage backed securities sales i think before j.p. morgan acquired bear nonetheless it's surrounding mortgage backed securities and you're saying that you actually think there is a connection between the fed's announcement of targeting mortgage backed securities so i'm curious could you just follow through a little bit more for our viewers the connection between a suit like this and how that actually affects mortgage backed securities in this market let's suppose preston's has a large portfolio of i mean i think maybe three which is a fund pool backed securities that almost everybody in the stre
let me let me die more into this because if our audience is ever mayor with the news that came out so obama set up this mortgage task force a while back and we had. really heard much but this is the first that we've heard so it's headed up by new york's attorney general and he just filed suit today against j.p. morgan and he's alleging fraud surrounding the bear stearns unit around the financial crisis and leading up to it so j.p. morgan of course acquired bear stearns so this is having to do...